Paralel Advisors LLC Makes New $2.21 Million Investment in Roper Technologies, Inc. $ROP

Key Points

• Paralel Advisors invested approximately $2.21 million in Roper Technologies during the second quarter, purchasing 6,531 shares. Institutional investors collectively own 93.31% of the company.
• Analyst sentiment remains mixed, with Roper receiving an average “Hold” rating and a consensus price target of $466.94; seven analysts rate it a Buy, nine a Hold, and three a Sell.
• Roper reported quarterly EPS of $5.38, exceeding estimates of $5.29, while revenue rose 8.5% year over year to $2.11 billion. The company also declared a quarterly dividend of $0.91 per share, representing a 0.9% annualized yield.

Paralel Advisors LLC purchased a new position in Roper Technologies, Inc. (NASDAQ:ROP - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,531 shares of the industrial products company's stock, valued at approximately $2,210,000.

A number of other large investors have also modified their holdings of ROP. BlackRock Inc. acquired a new stake in shares of Roper Technologies in the second quarter valued at $3,346,912,000. Norges Bank acquired a new position in Roper Technologies during the 4th quarter worth $1,112,873,000. Vanguard Group Inc. increased its holdings in Roper Technologies by 12.5% during the 4th quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company's stock worth $5,553,932,000 after purchasing an additional 1,384,656 shares during the period. Flossbach Von Storch SE acquired a new stake in Roper Technologies in the 2nd quarter valued at about $448,321,000. Finally, Arrowstreet Capital Limited Partnership raised its position in Roper Technologies by 206.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,339,710 shares of the industrial products company's stock valued at $474,070,000 after purchasing an additional 903,223 shares in the last quarter. Hedge funds and other institutional investors own 93.31% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on ROP shares. Royal Bank Of Canada reissued a "sector perform" rating and set a $417.00 price objective on shares of Roper Technologies in a research report on Tuesday. Zacks Research cut shares of Roper Technologies from a "strong-buy" rating to a "hold" rating in a report on Thursday, June 25th. Weiss Ratings upgraded shares of Roper Technologies from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Friday, August 14th. JPMorgan Chase & Co. increased their price objective on shares of Roper Technologies from $397.00 to $415.00 and gave the company an "underweight" rating in a research report on Wednesday, July 29th. Finally, Barclays reduced their price objective on shares of Roper Technologies from $380.00 to $373.00 and set an "underweight" rating on the stock in a report on Friday, April 24th. Seven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Roper Technologies presently has an average rating of "Hold" and a consensus price target of $466.94.

Insider Buying and Selling

In other news, Director Richard F. Wallman sold 6,434 shares of the business's stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $361.00, for a total transaction of $2,322,674.00. Following the completion of the sale, the director owned 7,423 shares in the company, valued at approximately $2,679,703. The trade was a 46.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John K. Stipancich sold 2,000 shares of the company's stock in a transaction on Monday, July 27th. The shares were sold at an average price of $379.05, for a total transaction of $758,100.00. Following the completion of the transaction, the executive vice president owned 35,634 shares of the company's stock, valued at approximately $13,507,067.70. The trade was a 5.31% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is currently owned by company insiders.

Roper Technologies Trading Up 0.8%

NASDAQ:ROP opened at $410.45 on Friday. The stock has a 50-day simple moving average of $365.81 and a 200-day simple moving average of $352.22. The stock has a market cap of $40.59 billion, a P/E ratio of 17.00, a P/E/G ratio of 1.83 and a beta of 0.74. Roper Technologies, Inc. has a 1 year low of $305.96 and a 1 year high of $540.34. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.51 and a current ratio of 0.55.

Roper Technologies (NASDAQ:ROP - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, beating analysts' consensus estimates of $5.29 by $0.09. The business had revenue of $2.11 billion for the quarter. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The company's revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.87 EPS. Roper Technologies has set its FY 2026 guidance at 22.150-22.300 EPS and its Q3 2026 guidance at 5.750-5.800 EPS. As a group, analysts anticipate that Roper Technologies, Inc. will post 22.22 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd will be paid a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, October 2nd. Roper Technologies's dividend payout ratio is currently 15.08%.

Roper Technologies Profile

Roper Technologies, Inc NASDAQ: ROP is a diversified technology company that acquires and manages businesses delivering specialized software, engineered products and data-driven analytics to niche markets. Its subsidiaries develop enterprise and cloud-based software, scientific and analytical instruments, industrial and medical devices, and other applied technologies designed to solve specific operational, regulatory and commercial challenges for customers. The company emphasizes recurring revenue streams from software licenses, subscriptions and service contracts alongside sales of hardware and instruments.

Roper operates a decentralized operating model in which acquired businesses retain entrepreneurial autonomy while benefiting from centralized capital allocation, legal and financial support.

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